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Saturday, May 8, 2021

    ADB, India sign $231 million loan to enhance power generation capacity in Assam

    The proposed hydroelectric project is a run-of-the-river project over the Kopili river

    GUWAHATI: The Asian Development Bank (ADB) and the Government of India has signed a 231 million dollar loan to augment electricity generation capacity in Assam through the construction of 120 megawatts (MW) hydroelectric power plant that will enhance the availability of electricity for households.

    This is the third tranche loan for the ongoing Assam Power Sector Investment Programme that was approved by the ADB Board in July 2014.

    The programme, including its two previous tranches, focuses on enhancing the capacity and efficiency of the energy generation and distribution systems in Assam to improve electricity service to end-users.

    CS Mohapatra, additional secretary, department of economic affairs in the finance ministry stated that the project will add to Assam’s power generation capacity from clean hydroelectric sources and improve electricity availability.

    The proposed hydroelectric project is a run-of-the-river project over the Kopili river which will help increase electricity supplied from clean energy by 469 gigawatt-hour (GWh) by 2025 and reduce greenhouse gas emissions by 360,000 tons of carbon dioxide annually.

    Part of the loan will be used for project capacity building of Assam Power Generation Corporation Limited (APGCL) on construction, operations and maintenance and safeguards.

    The project will finance APGCL’s enterprise resource planning system. It will also contribute to improving gender equity by enhancing the gender capacity of APGCL and improve women’s participation and contribution in training and community-led interventions.

    A $2 million grant from the Japan fund for poverty reduction (JFPR) is also associated with the project to finance equipment and consulting services to improve capacity for resource management and community resilience.


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    First published